Exercise 20-20 Cash budget LO P2 Karim Corp. requ per company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than ures a minimum $9,900 cash balance if necessary, loans are taken to meet this requirement at a cost of 2% interest (paid monthly). Any excess cash is used to repay loans at month-end. The cash b alance on July 1 is S10.300 and the for loan or interest payments) follow s Cash receipts Cash payments 33,980 30,858 31,900 Prepare a cash budget for July, August, and indiceted with minus sign. Round your final answers to the nearest whole dollar) Cash Budget July 10.300 Total cash available End of Prev 3 of 3Bl Dexdt